Posted by member41 > 2013-11-19 17:18 | Report Abuse

abit lower will get in.. as close to 30 as possible for next round 50+

Posted by Azli > 2013-11-19 18:01 | Report Abuse

Market might be anxious to see the regularization.plan to exit from PN17. Nov is saying good bye but even the shadow of the plan doesn't appear. IA when the plan is disclosed, market will be in our favour.

Posted by stockhth > 2013-11-20 08:15 | Report Abuse

MACD remains at positive territory(it looked like may cross into negative territory) and RSI indicates probable overselling. I am taking a risk since yesterday already dropped 14% from high.

Posted by Azli > 2013-11-23 09:53 | Report Abuse

It is consolidating while waiting to shoot up. If gave bullets, I advise to pick up.

Posted by star > 2013-11-26 16:43 | Report Abuse

Legal case:Summon by ex-director rm480,000 !

Posted by Azli > 2013-11-27 13:40 | Report Abuse

if evryday up by 1 cent or even 0.5 cent, this is a good sign. Hope this will persist...

Posted by Fortunebull > 2013-11-27 13:41 | Report Abuse

This counter without fail always go up with market so bad!

Posted by Azli > 2013-11-30 16:45 | Report Abuse

Insya Allah going to hit 0.50 thus time
Sell when high and buy back when drops.

Posted by Azli > 2013-12-04 17:50 | Report Abuse

some profit taking activity.. Hope it will be green back tomorrow.

Posted by ronaldo96 > 2013-12-05 12:11 | Report Abuse

how come there is no rise?

Posted by Azli > 2013-12-07 11:00 | Report Abuse

Consolidating before another wave.. Hope next wave will touch 0.50. I think the wave is about to start. Most likely mid or end of next week. Let's monitor..

Posted by Haha > 2013-12-08 13:07 | Report Abuse

IRCB is non-syariah??

Posted by Azli > 2013-12-11 20:00 | Report Abuse

Anybody has any infor about the regularization plan to exit pn17?

Posted by Kuansin Lim > 2013-12-12 12:51 | Report Abuse

Type Announcement
Subject MULTIPLE PROPOSALS
Description INTEGRATED RUBBER CORPORATION BERHAD (“IRCB” or “COMPANY”)

(I) PROPOSED ADVANCE CAPITALISATION;
(II) PROPOSED CAPITAL REDUCTION AND CONSOLIDATION;
(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND
(IV) PROPOSED ESS

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)
This announcement is dated 30 September 2013.
On behalf of the Board of Directors of IRCB (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that IRCB proposes to undertake the following proposals:-

(i) Proposed capitalisation of the advance received from Mr Cheang Phoy Ken (“Mr Cheang”) and Keen Setup Sdn Bhd (“KSSB”) (collectively, “Investors”) of RM44.80 million via the issuance of 224 million new ordinary shares of RM0.20 each in IRCB (“Share(s)”) with 112 million new warrants in IRCB attached (“Proposed Advance Capitalisation”);

(ii) Proposed capital reduction of the par value of the IRCB Shares pursuant to Section 64(1) of the Companies Act, 1965 (“Act”), involving the cancellation of RM0.15 of the par value of every IRCB Share and thereafter, consolidation of every 2 ordinary shares of RM0.05 each into 1 ordinary share of RM0.10 each in IRCB (“Proposed Capital Reduction and Consolidation”);

(iii) Proposed increase in IRCB’s authorised share capital from RM50 million comprising 500 million ordinary shares of RM0.10 each in IRCB (after the Proposed Capital Reduction and Consolidation) to RM100 million comprising 1,000 million ordinary shares of RM0.10 each in IRCB (“Proposed Increase in Authorised Share Capital”); and

(iv) Proposed establishment of an employees’ share scheme of up to fifteen percent (15%) of the issued and paid-up share capital of IRCB (excluding treasury shares) at any point in time (“Proposed ESS”);

(Collectively referred to as “Proposals”)

For further details in relation to the Proposals, kindly refer to the attachment.

Posted by Azli > 2013-12-12 13:33 | Report Abuse

@Kuansin, What does this mean to the share holders?

Posted by sheep > 2013-12-12 14:41 | Report Abuse

your value shrinks

Posted by sheep > 2013-12-12 15:17 | Report Abuse

dateline coming. pump and dump.

Posted by Azli > 2013-12-12 21:27 | Report Abuse

@sheep.. No of shares will remain the same but the value lower? Shouldn't the value follows the trading value? Will it be offset/adjusted? When.will it be effective?

Posted by sheep > 2013-12-13 08:45 | Report Abuse

@Ali: no of shares after capitalisation will be halved. Two shares @0.20 become one @0.10. If you have two lots of the shares bog at 0.25per share, it will become only one lot of the share bog at 0.50per share. At what price will the shares be traded will depend on market sentiment

Posted by Azli > 2013-12-13 10:56 | Report Abuse

@sheep. Thank you sir.

Posted by investkaki > 2013-12-13 17:23 | Report Abuse

thanks @sheep. appreciate your sharing.

Posted by hornydog > 2013-12-18 10:01 | Report Abuse

when will it be effective?

Posted by Azli > 2013-12-24 16:30 | Report Abuse

Perhaps after PN17 is lifted.

Posted by Azli > 2013-12-24 18:47 | Report Abuse

It is uptrend now.. Looking from the past, this will continue for a few days. IA

Posted by Azli > 2013-12-26 20:42 | Report Abuse

iRCB submitted the regularisation plan to exit from pn17 to bursa today. Vol is expected to be high today and hope it will fly.

Posted by mazli > 2013-12-26 22:22 | Report Abuse

azli esok boleh naik ke Target 44ct ke

Posted by sheep > 2013-12-26 23:05 | Report Abuse

beware. capital reduction 0.20 becoming 0.05.and 2 lots becoming 1.

Posted by Azli > 2013-12-27 06:45 | Report Abuse

@ mazli. Insya Allah. It could test a new high of 44.5. If broken, next will be 0.55. Selling pressure at the 2nd half makes it unchanged yesterday. I am also waiting..

Posted by atta > 2013-12-27 10:24 | Report Abuse

http://www.theedgemalaysia.com/first/269003-stocks-to-watch-hibiscus-hong-leong-bank-encorp-ircb-tebrau-and-ekovest-nextnation-ksk.html
Soon :)

Posted by Azli > 2013-12-27 19:36 | Report Abuse

Almost hit
.44 today. Ircb reported profit in Q3. It could be another good day this Monday. EXPECTED TP on mon is 0.44 or 0.45

Posted by kingleecha > 2013-12-27 20:24 | Report Abuse

but accumulate EPS is NEGATIVE 1.78..LOL..the earning is not stable if we just look at the result of a few quarters instead of 5 years balance sheet.

Posted by Azli > 2013-12-28 16:06 | Report Abuse

The proof of making profit is important to exit pn17. This is what the company is showing now...It is just right on time. It will attract investors.

Posted by steelman > 2013-12-29 16:00 | Report Abuse

The huge profit did not come from sales but other operating income. What is this other income and whether it will recur in coming quarters, has to be assessed.

Posted by stockgenius > 2013-12-29 16:21 | Report Abuse

.................

Posted by duitKWSPkita > 2013-12-30 08:46 | Report Abuse

Hi Everyone,

Just want to share that speculative on IRCB in the making today.

Happy trading!

Posted by duitKWSPkita > 2013-12-30 09:35 | Report Abuse

very worth to buy. News will be announced next week probably.

we are more advance than others there. Buy as you like!

Posted by Azli > 2013-12-30 10:24 | Report Abuse

What kind of news dutKWSPkita?

Posted by iafx > 2013-12-30 10:26 | Report Abuse

so far drive by q profit turn around and PN17 exit

Posted by mmk79 > 2013-12-31 15:29 | Report Abuse

No action today.

Posted by Azli > 2014-01-02 22:54 | Report Abuse

Going to be flat again...

Posted by mmk79 > 2014-01-03 23:23 | Report Abuse

tidur.............

Posted by ladzatz > 2014-01-06 01:27 | Report Abuse

yabeda bedooo

a W-pattern graph in ascending motion for MQ TECH
http://www.investopedia.com/university/charts/charts4.asp

will fly on monday!!!

Posted by mmk79 > 2014-01-06 13:15 | Report Abuse

Down leh

Posted by mmk79 > 2014-01-07 17:12 | Report Abuse

Everyday down down down. TOday decided to cut loss liao :-(

Posted by richman > 2014-01-08 10:57 | Report Abuse

rebound anytime above 40 cts glove cos on radar now.go for the wrts at 17 cts cheap

Posted by richman > 2014-01-08 11:03 | Report Abuse

buy call wrts at 17 cts

Posted by richman > 2014-01-08 12:00 | Report Abuse

ircb no worries a strong rebound on the cards

Posted by richman > 2014-01-08 12:29 | Report Abuse

sure to come in the afternoon

Posted by mmk79 > 2014-01-08 16:00 | Report Abuse

Hahaha richman how many warrant you have sapu?

Posted by Azli > 2014-01-08 20:44 | Report Abuse

Don't worry.. Today just a test. Tomorrow will be green.